Back in April, Apple announced that it would be launching a capital return program that would cost it around $100 billion. Basically, the company is going to buy back most of its shares that are being traded in the open market. When the program was first announced, Apple said that it the third quarter of 2013 it would purchase 10 million shares. However, the company's share price has dropped significantly since then, so ultimately it ended up buying back some 36 million of its shares for $16 billion.
Ubergizmo , Apple Bought Back 36 Million Of Its Shares Last Quarter For $16 Billion
See also:
, Apple Bought Back 36 Million Of Its Shares Last Quarter For $16 Billion
No comments:
Post a Comment